The causes of unstreamableness vary. For films made before digital distribution existed, it can be unclear who owns streaming privileges. Restrictions on digital use of the music in a film can hold it back. For those who want to release older films in new formats, hunting down rights holders can become a Watergate-like investigation. After decades of mergers and acquisitions, the corporate owner of a film may not even know it’s the owner.
Source: Why Some Classic Films Still Aren’t Streaming, From ‘Jungle Fever’ to ‘Silkwood’